
Originally Posted by
canuck416
It will be another round of less regulation resulting in more Wall Street and corporate control of government policy - a drift further into corporatism, lower still taxes resulting in reductions in infrastructure, R&D and educational investments, but there will be increased military spending. He is surrounded by neo-cons and ex Bush influencers, so if he wins expect an aggressive military and foreign policy posture and ultimately higher deficits because tax revenues are already at historically low rates (their true belief regarding the deficit was articulated by Cheney who said "deficits don't matter" before invading Iraq and Afghanistan while reducing taxes). There will be an explosion in oil, gas and coal production which will positively impact job creation in the carbon energy industries within state and local economies, but the increased volume will not be for local consumption as all oil goes into the world reserves and is priced on the world market (for example the proposed pipeline moving oil from Canada to the Gulf goes into the world market and is not delivering oil specific to the US). Alternative energy will not be a priority and will whither, leaving the industry to the Chinese to dominate. The environmental protection agency will be gutted as they see environmental regulation as unnecessary and a hindrance to economic growth.